In this article SAVE Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines reported a second-quarter loss as strong travel demand and higher fares weren’t enough to overcome a surge in costs. Spirit reported results less than
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Rio Tinto Group is the world’s second largest metals and mining corporation which has its headquarters in London and Melbourne. Founded in 1873 and traded under tickers $RIO at LSE, ASE and also in US in form of ADRs, it is a component of both the FTSE100 and ASX200 indices. In terms of operations, Rio Tinto
Gold prices are hovering near a month’s high, having climbed sharply from their recent lows. The rising tensions between the US and China have given a leg-up to the yellow metal. However, upbeat jobs data in the US, recovery in the dollar and firm bond yields dented the bullion’s appeal. Traders are also awaiting the
In the morning video report, the USDCHF was trading between the 100 and 200 hour MAs (blue and green lines – see VIDEO here). The USD moved lower and so did the USDCHF. That took the price below the lower 200 hour MA and that momentum fell below a swing area near 0.9533 to 0.9537.
BoA on G10 FX, a quick snippet view: We expect the USD to remain strong for the rest of this year. The overheating US economy and the hawkish Fed have a lot to do with the strong USD.For the USD to weaken, the Fed has to be more concerned about growth than about inflation, and
The financial markets are trading with a risk-on mood today. Major European indexes are trading up while US futures also point to higher open. Commodity currencies are trading generally higher, as led by Aussie. Meanwhile, Dollar is leading Yen and Euro lower. Sterling and Swiss Franc are mixed for now, trading a bit on the
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images The consumer outlook for inflation decreased significantly in July amid a sharp drop in gas prices and a growing belief that the rapid surges in food and housing also would ebb in the future.
EUR/GBP is facing hurdles around 0.8440 as investors await Wednesday’s Germany HICP. The German inflation data is likely to remain unchanged at 8.5% annually. A vulnerable UK GDP data may weaken the pound bulls ahead. The EUR/GBP pair is struggling to cross the immediate hurdle of 0.8440 in the early Tokyo session. The asset is
In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next three to five years. As told by Trend Micro, the top threats to the realm, mainly from a regulatory standpoint, include NFT security concerns, the development of a “Darkverse”
Join me in today’s video to cover the #USDJPY and predictions of #gbpusd #Forex #forextradingforbeginners 08th-12th August 2022 ——————- This channel is to share with you all Trading related updates with technical analysis on #Nifty, #BankNifty, #Dow Jones, #Nasdaq, #Nikkei, #Dax, #Hangseng, #Gold, #Silver and #Oil. Do like, Share, Subscribe and Stay updated. Happy Trading
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Gold in the national capital on Monday rose by Rs 97 to Rs 52,490 per 10 gram amid rise in international precious metal prices along with depreciation in rupee, according to Securities. The yellow metal had closed at Rs 52,393 per 10 gram in the previous trade. Silver also jumped by Rs 527 to Rs
Technical Analysis ETH Technical Analysis Yesterday we had an idea to short bitcoin. But relative strengh from Bitcoin sheds a new bullish light. ForexLive Sunday, 07/08/2022 | 22:10 GMT-0 07/08/2022 | 22:10 GMT-0 In the past 24 hours, we had a trade idea to short bitcoin. But we are aborting. Why is the trading plan
The jump higher in the dollar after the US jobs report on Friday was encouraging but there still needs to be more in order to vindicate a return back to the year’s highs for the greenback. For now, the price action today suggests that market players are not convinced and USD/JPY tipping back below 135.00
Yen stays generally soft in relatively quiet markets in Asia. But Dollar also softens slightly. On the other hand, Australian Dollar is firmer up on steady market sentiment, as followed by Swiss Franc and Euro. Sterling and Canadian are mixed for now. The economic calendar is light this week. The most market moving even would
Post Office has attributed the record amount for personal cash withdrawals at its 11,500 branches to more staycations in the U.K. and people using cash to manage their budgets. Gannet77 | Getty Images Britain’s Post Office, which offers banking services as well as mail, handled a record £801 million ($967 million) in personal cash withdrawals
In this article PLTR A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Palantir reported second-quarter results before the bell Monday that showed a